EURGBP Buy opportunity.
- On the monthly we see that the price is consolidating. The last monthly candle from April, left a clear bullish engulfing candle. It also respected the 0.786 fibonacci level, measured from the last low to the last high.
- On the weekly we see that the price pushed aggressively to the upside last weeks, and made now a pullback to the 0.618 fibonacci level.
- On the Daily we see that the price made an higher high, + trend is broken.
- Which level are we looking for? Weekly resistance 0.886
- Where is the stop loss? 0.858, below 4HR last low.
- When do we enter? - right now.
- Trade with extra low risk, and scale it up after new higher outbreaks on the 4HR or Daily. (daily is best.)
- On the weekly we see that the price pushed aggressively to the upside last weeks, and made now a pullback to the 0.618 fibonacci level.
- On the Daily we see that the price made an higher high, + trend is broken.
- Which level are we looking for? Weekly resistance 0.886
- Where is the stop loss? 0.858, below 4HR last low.
- When do we enter? - right now.
- Trade with extra low risk, and scale it up after new higher outbreaks on the 4HR or Daily. (daily is best.)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.